Figure 1: 3D model showing the deeply weathered “trough” structure, host to oxide copper-gold mineralisation in the Alford Copper Belt.
- ANT survey using Exosphere by Fleet® successfully delineates the weathered “trough” like structures that host oxide copper-gold mineralisation within the Alford Copper Belt (Figure 1 – 4).
- The subsurface ANT results will be integrated with historical drilling data to generate a new drilling program, targeting higher-grade oxide copper-gold mineralisation.
- Future drilling will be focused on areas with low-density contrast which have been shown to host oxidised copper mineralisation, amenable to potential In-Situ Copper Recovery (“ISCR”).
- The geophysical survey was partially funded (up to A$30,000) by the South Australian Government Accelerated Discovery Grant (“ADI”) awarded to ECL.
Photo Plate 1: Deploying sensors (Geodes) at Alford West, note the minimum surface disturbance.
About EnviroCopper Limited (“ECL”)
Thor holds a 30% interest in ECL, which is a public, unlisted company, with In-Situ Recovery Copper projects at Kapunda and Alford West, South Australia. ECL manage the Alford West Project in a Joint Venture with the tenement holder Andromeda to earn up to a 75% interest in the mineral rights over metals recoverable via ISCR. (ASX/AIM announcement: 11 November 2020).
LEARN MORE ABOUT ISR (In-Situ Recovery)
ALFORD COPPER PROJECTS
The acquisition phase of the low-impact, ANT surveys are now complete and clearly delineate low-velocity, weathered ‘troughs’ that host the oxide copper-gold- REE mineralisation within the Alford Copper Belt
Thor will acquire a further 29% interest in the Alford East Copper Oxide Project, covering portions of EL6255 and EL6529, taking Thor’s interest to 80%
Thor Energy Plc is pleased to provide investors a chance to view the presentation titled “New Green Economy: Uranium Focus”, delivered by Nicole Galloway Warland, Managing Director on the 2nd of November 2023.
Low-impact, ANT surveys are now underway at the Alford East copper-gold Project using EXOSPHERE BY FLEET® technology
The South Australian Government has approved the first stage of in-ground work on the Kapunda copper In-Situ Recovery (“ISR”) project, South Australia.
A new partnership between Thor Energy and Fleet Space Technologies will accelerate mineral exploration using Fleet’s EXOSHERE BY FLEET® technology